Red Effect Infrared Fitness vs HOTWORX Studio Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Red Effect Infrared Fitness vs HOTWORX Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$149,500 - $1,037,500 | $188,070 - $351,885 |
Franchise Fee |
$45,000 | $129,500 |
Royalty Fee |
7% | $550/mo. |
Advertising Fee |
2% | - |
Year Founded |
2016 | 2016 |
Year Franchised |
2016 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: 386 hours
Classroom Training: 94 hours
Additional Training: 15 hours annually
| - |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | - |
Marketing |
Co-op Advertising
Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
| - |
Operations |
Number of Employees Required to Run: 5
| - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Red Effect Infrared Fitness
Imagine being an integral part of the next big thing in fitness!
At Red Effect Infrared Fitness we provide a unique, life-changing
approach to wellness.
Our group fitness classes combine infrared
therapy, heart rate monitoring and
high-intensity interval training to
provide our customers with a fitness routine they love.
Our members, trainers, and staff feel the effect from more than just
the infrared.
We have seen our members experience changes in body
composition, energy levels,
self-confidence, muscle recovery, health
conditions and more.
With each success story, we pass on the effect.
Red Effect is now offering franchising opportunities.
Discover the benefits of being a Red Effect gym owner.
The total investment necessary to begin operation of a Standard Studio
is from $283,000 to $718,000. This includes $157,000 to $594,000 that
must be paid to the franchisor or its affiliates.
The total investment
necessary to begin operation of a Red Effect for Women Studio is from
$149,500 to $349,200. This includes $101,750 to $228,500 that must be
paid to the franchisor or its affiliates.
The total investment necessary
to begin operation of an Executive Club is from $863,500 to $1,037,500.
This includes $479,000 to $873,000 that must be paid to the franchisor
or its affiliates.
About HOTWORX Studio
HOTWORX
is a virtually instructed exercise program created for users to
experience the many benefits of infrared heat absorption, while
completing a 30-minute isometric workout or 15-min High Intensity
Interval Training (HIIT) session.
We
created this infrared sauna workout program for people who want to
flush toxins from their bodies, increase flexibility, balance, tone, and
burn massive amounts of calories in the process. So whether you want to
polish off your gym workout, or you’re strictly a spa-goer who wants to
enhance your regime, this innovation could be a major component of your
wellness program in the future. The results will blow you away!